Siebert Quick Ratio from 2010 to 2024

SIEB Stock  USD 2.87  0.06  2.05%   
Siebert Financial's Quick Ratio is decreasing over the years with slightly volatile fluctuation. Quick Ratio is expected to dwindle to 1.02. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
1.0723595
Current Value
1.02
Quarterly Volatility
3.87422531
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Siebert Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Siebert Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.9 M, Interest Expense of 377.8 K or Selling General Administrative of 11 M, as well as many indicators such as Price To Sales Ratio of 0.83, Dividend Yield of 0.0052 or PTB Ratio of 0.85. Siebert financial statements analysis is a perfect complement when working with Siebert Financial Valuation or Volatility modules.
  
Check out the analysis of Siebert Financial Correlation against competitors.

Latest Siebert Financial's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Siebert Financial Corp over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. Siebert Financial's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Siebert Financial's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Slightly volatile
   Quick Ratio   
       Timeline  

Siebert Quick Ratio Regression Statistics

Arithmetic Mean4.76
Geometric Mean2.43
Coefficient Of Variation81.31
Mean Deviation3.18
Median4.98
Standard Deviation3.87
Sample Variance15.01
Range13.1989
R-Value(0.38)
Mean Square Error13.85
R-Squared0.14
Significance0.16
Slope(0.33)
Total Sum of Squares210.13

Siebert Quick Ratio History

2024 1.02
2023 1.07
2022 1.2
2021 0.78
2020 0.77
2019 7.09
2018 13.22

About Siebert Financial Financial Statements

Siebert Financial stakeholders use historical fundamental indicators, such as Siebert Financial's Quick Ratio, to determine how well the company is positioned to perform in the future. Although Siebert Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in Siebert Financial's assets and liabilities are reflected in the revenues and expenses on Siebert Financial's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Siebert Financial Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 1.07  1.02 

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When determining whether Siebert Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Siebert Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Siebert Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Siebert Financial Corp Stock:
Check out the analysis of Siebert Financial Correlation against competitors.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Investment Banking & Brokerage space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Siebert Financial. If investors know Siebert will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Siebert Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.364
Earnings Share
0.26
Revenue Per Share
1.984
Quarterly Revenue Growth
0.189
Return On Assets
0.0115
The market value of Siebert Financial Corp is measured differently than its book value, which is the value of Siebert that is recorded on the company's balance sheet. Investors also form their own opinion of Siebert Financial's value that differs from its market value or its book value, called intrinsic value, which is Siebert Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Siebert Financial's market value can be influenced by many factors that don't directly affect Siebert Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Siebert Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Siebert Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Siebert Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.